A frequent attendee at NASCAR, IndyCar and Grand-Am events, Floyd Ganassi was a businessman (initially in the paving business) who helped his son — Floyd “Chip” Ganassi — become a racer and team owner.

“Everyone that knew Floyd knew that he was beloved at racetracks all across the country and leaves a long trail of great friends,” the team said in a statement. “Floyd Ganassi will be sorely missed by us all.”